Galaxy Microelectronics: Intends to Acquire Full Ownership of Hentek, with Stock and Convertible Bond Trading Set to Recommence Tomorrow
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Author:小编   

On June 28th, Galaxy Microelectronics (stock code: 688689) unveiled its strategic initiative to issue new shares for the purpose of acquiring a 100% equity interest in Hentek Semiconductor (Shanghai), along with raising complementary funds. This move is anticipated to fall short of qualifying as a significant asset restructuring or a restructuring-related listing. Consequently, trading activities for both the company's ordinary shares and convertible bonds will recommence at the market's opening on June 29th.